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The Financial Express

REHAB Fair ends: Sales, bookings fetch Tk 3.51b

| Updated: December 28, 2022 17:57:59


Visitors inquire about flats and apartments at the REHAB Housing Fair-2022 that concluded at the Bangabandhu International Conference Centre (BICC) in the city's Sher-e-Bangla Nagar area on Sunday Visitors inquire about flats and apartments at the REHAB Housing Fair-2022 that concluded at the Bangabandhu International Conference Centre (BICC) in the city's Sher-e-Bangla Nagar area on Sunday

Real estate companies have bagged bookings and spot sales worth over Tk3.51 billion at the five-day housing fair that concluded on Sunday.

The figure includes Tk1.68 billion against flats sales or booking, Tk800 million against plots and Tk530.73 million against commercial spaces and rest for building materials.

Besides, bank commitments worth Tk10 billion were received at the fair.

Organisers of the fair, Real Estate & Housing Association of Bangladesh (REHAB) office-bearers disclosed the figures at a press conference held at the fair venue.

The five-day REHAB Housing Fair-2022 was held at Bangabandhu International Conference Centre (BICC) in the city's Sher-e-Bangla Nagar area.

REHAB Vice President Kamal Mahmud, Vice President and Chairman of the Fair Committee Engineer Mohammad Sohel Rana and Vice President Lion Sharif Ali Khan were present at the press conference, among others.

Mr Shohel Rana said the city people's interest in the REHAB Fair has been highly encouraging for the real estate sector.

"Most of the entities participate in the fair basically for branding rather than sales," he said, adding the goal has been successful.

Almost all the visitors who came to the fair are real buyers as they entered the venue against token money, he said.

According to the organisers, at least 16,132 visitors came to the show in five days till Sunday.

The event ended at 2.00 pm instead of 9.00 pm as announced earlier due to security reasons ahead of a state event in the same venue.

A raffle draw with the entry tickets was also held at the venue following the briefing.

According to REHAB, the fair witnessed bookings and sales worth Tk 3.97 billion last year, when 19,237 people visited it.

Responding to queries, Kamal Mahmud said a significant number of potential buyers expressed interest for apartments in Uttara phase-III near the metro rail depot.

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